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You're not really divorced if you're still linked through your house

By
Services for Real Estate Pros with DivorceThisHouse.com

Divorce This House was featured in the Los Angeles Times on Sunday, January 4, 2009 - wow! 

http://www.latimes.com/business/la-fi-lew4-2009jan04,0,5952121.story

HOUSING SCENE

Keeping the house makes for a messy divorce

It's not just a matter of who keeps the home. Loans, liens and other financial issues can preclude a clean split.

By Lew Sichelman
January 4, 2009

Reporting from Washington -- Splitting up after years of marriage? Divorce your house, then your spouse.

That bit of advice goes against the almost universal desire to hang on to the family home, especially by the spouse who ends up with custody of the children.

 

http://www.latimes.com/wireless/avantgo/la-fi-lew4-2009jan04,0,4316209.story

Show All Comments Sort:
Mike Klijanowicz
Cummings & Co. Realtors - Perry Hall, MD
Associate Broker @ Cummings & Co. Realtors

The problem is that many people can't sell right now because they are simply going to lose too much money.  I personally know of two people in this situation right this very moment...

Jan 08, 2009 05:17 AM